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Economy - January 9, 2025

Only vishwas, no vivad: Just 1% of ITRs face scrutiny

Only vishwas, no vivad: Just 1% of ITRs face scrutiny

Even the minuscule 1% cases picked for scrutiny are based on credible information available with the department through third-party reporting, they said, pushing back against the criticism of aggressive income assessment notices. The scrutiny happens only in those cases flagged by algorithm-based data analytics, and where the probability of tax additions is very high.

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